NFW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
FOR
31 MARCH 2025
Company Registration Number 06032785
Charity Number 1121508
DERBY COMMUNITY ACCOUNTANCY SERVICE
Babington Lodge
128 Green Lane
Derby
DEI IRY

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
FTliANCIAL.STATFMENTS
YF.AR FNDFD 31 MARCFI 2025
Contents
Page
Meinbcrs of Ihe board and professional advisers
Trustees, annual report
Independent Examiner's Report
Statement of financial activities
Balance sheet
Notes to the financial statements
9-18

NEW LIFE DERBY
COMPANY LIMITFD BY GUARANTEE
REFF.RENCE AND ADMINI.STRATIVF DF.TATLS
The board of trustees
Otoyo Heiiry Ita
Dr Rachael E Ita
Mr Blessen Matthew
David Ford
Rebekah Ford
Roger Robb
Kerrie Robb
Arjun Dondapati
Senior Pastor
Lecturer In Law
Executive Pastor
Executive Creative Director
Business owner
Parenting Practitioner
Transitional Care Support Worker
Engineer
Registered office
New Life Christian Centre
Nonnanton Road
Derby
DE23 6UU
Independent Examiner
Mark Newey ACMA
Derby Community Accountancy Service
Babington Lodge
128 Green Lane
Derby
DEI IRYT

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
The trustees, who ai"e also Directors for tlie purposes of the Companies Act, have pleasure in
presenting their report aiid the unaudited financial statements of the charity for the year ended 31
March 2025.
MISSION OBJECTIVES AND ACTIVITIES
Mission Statement:
We exist to express the power of God's love to individuals, families, communities, and nations.
Objectives and aims:
Our objective and aim are to engage with every generation and all cultures and disciple them in
the way of our Lord Jesus Christ.
Vision:
To go and make disciples of all nations. Matthew 28.19
SUMMARY OF THE MAIN ACTIVITIES UNDERTAKEN FOR THE PUBLIC BF.NEFIT
IN RELATION TO THESE OBJECTS
In setting our objectives, the trustees have considered the Charity Commission's guidance
on Churches and Public Benefit.
ACHIEVEMENTS AND PERFORMANCE
New Life Church Derby continues to serve the diverse inner-city community of Derby-an
area representing around 126 different language groups. Our commitment remains to reach,
support, and disciple people from every background.
Sunday Services & Congregational Life
We welcomed an average of 550 adults and children each Sunday from over 52
nationalities.
Our hybrid approach (in-person and online) remains vital, especially for elderly or
vulnerable individuals who rely on digital connection.
We celebrated around 20 baptisms and many salvation decisions during the year.
Congregational giving continues to grow steadily.
Midweek Ministry & Discipleship
Weekly groups met both in person and via Zoom to support spiritual, emotional, and
social needs. Groups that are age specific like Children's weekly bible Club, Youth
Discipleship Ministry, Young Adults Connect meetings, Gold generation (55years and
over) meeting weekly.
Daily online prayer meetings helped maintain connection, discipleship, and spiritual
discipline.

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL RF.PORT
YF.AR ENDED 31 MARCH 2025
Ive offei.ed ongoiiig marriagye pi"eparation, marital gyuidance, and parenting support.
Volunteer Engagement
The work of the church is strengthened by approximately 200 committed volunteers who
faithfully serve across all ministries and outreach activities.
Community Outreach
Our outreach ministries continue to experience strong engagement and impact.
Warm Welcome, launched in January 2023, has remained a key ministry-providing free hot
meals every Wednesday from 12pm-2pm for individuals and families in need.
Little Fishes is another key ministry for Parents and toddlers and runs weekly during the
school term on a Wednesday from l Oam - 11:30am.
Home Churches
Having launched Home Churches in August 2021 with 13 groups, we now have 28 Home
Churches meeting across the city as of March 2025.
Over 75 % of our in-person congregation participates in a Home Church.
Leadership training has continued, equipping more leaders to establish new groups.
The combination of large corporate gatherings and smaller home-based communities has
strengthened relationships, discipleship, mission, and pastoral care.
Property and Resource Management
The property at 223 Greenwich Drive South, previously near derelict, has now been
fully refurbished and continues to provide rental income for our community work.
Our Belper church building continues to be leased to Arena Church Ilkeston to support
local outreach while remaining under the ownership of New Life Church Derby.
Emmanuel Church Duffield
As of July 2024, New Life officially was asked to support and lead the congregation in
Emmanuel Church Duffield as it was a small struggling congregation. Pastors Roger and
Kerrie Robb went over and have taken on the leadership of that congregation, and we are
seeing growth and development in the church.
Leadership and Staff Team
We are grateful for our dedicated leadership, staff, and volunteer teams who contribute
significantly to the life and mission of the church.
Core Staff Team:
Senior Leader-
Senior Leader-
Associate Pastor-
Executive Pastor -
Otoyo Henry Ita
Dr Rachael Ita
Andrew Robinson
Blessen Mathew

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT
YEAR FNDED 31 MARCH 2025
Youth Pastor -
Daiiiel Stcvciis
Finance Manager- Mary Jaines
Administralor-
Daniii Chutnber
Cliildren's Pastor - Roshni Mathew
Media Specialist -
Benjy Bell
Media Specialist-
Promise Shibu
FINANCIAL REVIEW
FINANCIAL REVIEW
Reserves Policy
The trustees, aim is to maintain reserves sufficient to cover support and governance costs,
manage fluctuations in income, and sustain operations during periods of financial challenge or
unexpected expenditure.
Principal Funding Sources
Most income continues to derive from congregational giving and associated Gift Aid
contributions.
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document:
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
Induction and training of trustees
The Charity undertakes, when the need arises, a skills audit to detemiine the requirements of the
trustee body. If a skill shortage is identified, approaches are made to specific people identified as
having these skills
Risk management policy
The trustees regularly identify and review potential risks affecting the charity and ensure that
appropriate controls and procedures are in place. These measures provide reasonable
assurance against fraud, error, and financial mismanagement.
Independent Examiner
Derby Community Accountancy Service and will be in office as independent examiner for the
ensuing year.

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
TRUSTEES? ANNUAL REP()RT
YEAR ENDED 31 MARCH 2025
Small company provi.sion8
This report lias been prepared in accordance with the special provisions for small companies
under Part 15 of the Companies Act 2006.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Trustees, Report and financial statements in
accordance with applicable law and regulations
Registered office:
New Life Christian Centre
Nornianton Road
Derby
DE23 6UU
Signed on behalf of the trustees
H. Ita
Trustee
Approved by the trustees on
202

NEW LIFE DERBY
COMPANY LINIITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT TO THF. TRUSTEES OF
YEAR ENDED 31 MARCH 2025
I report on tlie accouiits of Ihe compaiiy for the ycar ended 31 March 2025 which are set out on
pages 7 to 18.
Respectii'e responsibililies of the trustees and examiner
As tlie cliarity trustces of tlie Trust, you are responsible for the preparation of the accounts in
accordance witli the requirements of tlie Charities Act 2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the
2011 Act and in carrying out my examination, I have followed the applicable Directions given by
the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention
in connection with the examination which gives me cause to believe that in, any material respect:
accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in order to enable a proper understanding of the accounts to be
reached.
,￿je￿je
q(ITI2s
Mark Newey ACMA
Derby Community Accountancy Service
Babington Lodge
128 Green Lane
Derby
DEI IRY
Date

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEF.
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2025
Unrestricted
Fuiids
Restricted
Funds
Total Funds
Year to 31
March 2025
Total Funds
Yearto31
March 2024
Note
Income froni:
Donations
Grants
Otlier income
Iiivestnieiit iiicoine
449,893
22,461
10,300
472,354
10,300
91,425
2,394
477,093
6,750
93,399
346
91,425
2,394
Total incoming resources
543,712
32,761
576,473
577,588
enditure on:
Raising funds
Charitable activities
544,999
29,844
574,843
559,260
Total expenditure
544,999
29,844
574,843
559,260
Net (expenditure) income
(1,287)
2,917
1,630
18,328
Transfer between funds
(1,084)
1,084
Net movement in funds
(2,371)
4,001
1,630
18,328
Fund balances at l April
2024
464,549
9,023
473,572
455,244
Fund balances at
31 March 2025
462,178
13,024
475,202
473.572
The company had no new or discontinued activities during the year.
The notes on pages 9 to 18 form part of these financial statements.

NEW LIFE DERBY
COMPANY LIMITF.D BY GUARANTEE
BALANCF SIIFET
YFAR ENI)ED 31 MARCH 202.5
2025
2024
Notc
Fixed assets
Taiigible assets
Current asset.s
Debtors
Cash at bank and in hand
11
334,693
345,422
12
5,265
144,817
9,638
131.180
140,818
Creditors: amounts falling due
Ivithin one year
Net current assets
150,082
13
9,573
12,668
140,509
128,150
Total assets less current liabilities
475,202
473,572
Creditors: amounts falling due after
One year
Net assets
14
475,202
473,572
The funds of the charity:
Restricted
Unrestricted - general reserves
Unrestricted - designated reserves
TOTAL CHARITY FUNDS
15
15
15
13,024
462,178
9,023
464,549
475,202
473,572
For the year ending 31 March 2025 the company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:_
The members have not required the company to obtain an audit of its accounts for the year
in question in accordance with section 476;
The directors acknowledge their responsibility for complying with the requirements of the
Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
These financial statements were approved by the directors and authorised for issue on
IL- I t- 25 and are signed on their behalf by:
H. Ita
Director
Company Registration Number: 06032785
The notes on pages 9 to 18 form part of these financial statements.

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR INDED 31 MARCH 2025
Accounting policies
Tlic priiicipal accouiitiiig policics adopted, judgyemcnts and key sources of estimation
uncertaiiily iii tlie preparalioii of tlie fiiiancial statements are as follow.s:
Conipan), inforniatioii
New Life Dcrby is a company limited by guarantee not having a share capital. The
coinpany's registered office is Redhill Marina, Ratcliffe-on-soar. At the end of the year
there were 8 Trustees, each of whom, under the terms of the Memorandum and Articles of
Association, had undertaken to contribute the sum not exceeding £1 in the event of a winding
up of the company.
,l.l Accounting convention
These accounts have been prepared in accordance with FRS 102, "The Financial Reporting
Standard applicable in the UK and Republic of Ireland" ("FRS 102"), "Accounting and
Reporting by Charities" the Statement of Recommended Practice for charities applying FRS
102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it apples
from l January 2015. The charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in Sterling which is the functional currency of the company
Monetary amounts in these financial statements to the nearest £.
The accounts have been prepared on historical cost convention apart from freehold property
that is carried at markct value. The principal accounting policies adopted are set out below.
These are accounts for the year ended 31 March 2025 prepared in accordance with FRS 102,
The Financial Reporting Standard applicable in the UK and Republic of Ireland.
1.2 Going concern
At the time of approving the accounts, the directors have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable future.
Thus the Trustees continue to adopt the going concern basis of accounting in preparing the
accounts.
1.3 Charitable Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the
general objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditiire imposed by the donor or
through the terms of an appeal.
1.4 Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the
income and the amount can be quantified with reasonable accuracy. Gifts in kind have been
included at market value of gifts received and in assets acquired. No amounts are included in
the financial statements for services donated by volunteers.

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL, STATEMENTS
YEI All ENDED 31 MARCH 2025
1.5 Resources cipcndcd
All expcndilure is accountcd for on an accruals basis and has been classified under headings
tliat aggregate all costs relclting to the category. Where costs cannot be directly attributed to
particular Iicadings tliey Iiave been allocclted to activities on a basis consistent with use of the
resources. Fiind-raising costs are those incurred in seeking voluntary contributions and do not
iiiclude the costs of disseininating information in the support of the charitable activities.
1.6 Debtors
Trade and otlier debtors are recogniscd at the scttlcinent amount due after any trade discounts
offered. Prepayinents are valued at the amount prepaid net of any trade discounts due.
1.7 Cash and cash equivaleiits
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-
term liquid investments witli original maturities of three months or less, and bank overdrafts.
Bank overdrafts are shown within borrowings in current liabilities.
1.8 Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event that will probably result in the transfer of funds to a third party and the
amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowing for any trade
discounts due.
1.9 Financial instruments
The charity has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value.
Derecognition offinancial liabilities
Financial liabilities are derecognised when the company's contractual obligations e.xpire or
are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in Ivhich the
employee's services are received.
Terniination benefits are recognised immediatelj, as an expense when the company is
demonstrably committed to tenninate tlie employment of an employee or to provide
termination benefits.
1.11 Taxation
The charity As exempt from tax on income and gains falling with section 505 of the Taxes Act
1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are
applied to its charitable objects.
1.12 Depreciation
Individual fixed assets are capitalised at cost and are depreciated over tlieir estimated useful
economic lives as follows:_
10-

NF.W LIFE DERBY
COMPANY LIMITED BY GUARANTEE
NOTES TO TIIE FINANCIAL.STATEMENTS
YEAR ENDED 31 MARCH 2025
Asset category
Land aiid buildings (straight line at cost)
Fixtures and Fittings (reducing balance)
Annual rate
Critical accounting estimates and judgements
In tlie application of the charity's accounting policies, the directors are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities
that are not readily apparent from other sourccs. The estimated and associated assumptions
are based on Iiistorical expcrience and other factors that are considered to be relevant. Actual
results may differ from these estiinates.
Donations
Total Funds
Year to 31
March 2025
Total Funds
Yearto31
March 2024
Unrestricted
Funds
Restricted
Funds
Donations
449,893
449,893
22,461
22,461
472,354
477,093
472J54
477,093
Income from grants
Total Funds
Restricted
Year to 31
Funds March 2025
Total Funds
Yearto31
March 2024
Unrestricted
Funds
Grants
Community Action Derby
Erewash Community Action
5,300
5,000
ioJoo
5,300
5,000
6,750
ioJoo
6,750
Other income
Total Funds
Year to 31
March 2025
Total Funds
Yearto31
March 2024
Gift Aid
Rent
Sundry income
70,412
18,672
2,341
71,149
19,507
2,743
91,426
93,399
11

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
NOTES TO THF FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
Ini'cstment income
Total Funds
Year to 31
March 2025
Total Funds
Yearto31
March 2024
Bank interest receivable (unrestricted)
2,394
346
Analysis of expenditure
Wages
Staff Training & Travel
Expenses
Office Administration
Church Ministries,
outreach and Tithe
Events and conferences
and project costs
Property lease and
insurance
Utilities
Repairs, maintenance
and equipment
Fees
Depreciation
Sundry
269,991 284,459
19,687
13,193
51,022 42,962
59,792 97,647
64,147 39,725
14,680
18,985
5,337
11,476
57,642 43,784
2,200
2,205
10,729 10,963
5,968
7,509
574,843 559,260
Expenditure on charitable activities was £574,843 (2024: £559,260) of which £29,844 was
restricted (2024 £41,893)
12-

NF.W LIFF, DERBY
COMPANY LIMITED BY GUARANTEE
NOTES TO THF. FINANCIAL STATEMENTS
YEAII ENDED 31 MARCFI 2n25
Net (cxpcnditure)/in_comc
Net (expcndilurc)/income for thc ycar is staled after charging/(crediting):
2025
2024
Iiidependeiit Examiner's Fees
Depreciation
2,000
10,729
2,000
10,963
9. Directors and key management personnel
During the year 3 trustees received remuneration to the amount of £96,217 (2024: £10,265)
The key management personnel of the charity consists of the trustees.
10. Employees
The average monthly number of persons employed during the year was
Year to
31 March
2025
Year to
31 March
2024
Charitable activities
11
13
11
13
Employment costs
Year to 31
March 2025
Yearto31
March 2024
Wages and salaries
Social security costs
Other pension costs
242,631
15,729
11,631
256,035
16,340
12,084
269,991
284,459
No employee earned more than £60,000 per annum.
13-

NEW LIFE DERBY
COIIqPANY LIMITF,D BY CIJARANTF.E
NOTFS TO TIIF FINANCIAL.STATF.MF.NTS
YFAR FNDED 31 MARCH 2025
I l. Taiigible fixed assets
Land
,Furniture
& buildings & equipment
Total
Cost
At 31 March 2024
Addilions
Disposals
At 31 March 2025
431,106
221,916
653,022
431,106
221,916
653,022
Depreciation
At 31 March 2024
Depreciation on Disposal
Charge for the year
At 31 March 2025
106,752
200,848
307,600
8,622
115J74
2,107
202,955
10,729
318,329
Net book value
At 31 March 2025
315,732
324,534
18,961
21,068
334,693
345,422
At 31 March 2024
12. Debtors
2025
2024
Gift aid
Other debtors
5,265
7,811
1,827
5,265
9,638
13. Creditors: Amounts falling due within one year
2025
2024
HM Revenue and Customs
Sundry creditors
4,917
4,656
9,573
5,264
7,404
12,668
14. Creditors: Amounts falling due Ivithin one year
2025
2024
Loan
14-

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
NOTF.S TO THF. FINANCIAL STATF.MF.NTS
YEAR ENDED 31 MARCH 2025
15. Analysi5 of charitable funds
At
l April
2024 Incoming Outgoing Transfers
At
31March
2025
General reserve
Designated reserve
Total unrestricted funds
464,549
543,712 (544,999) (1,084)
462,178
464,549
543,712 (544,999) (1,084) 462,178
Community Action Derby
Derby Christian Group Fund
Nigerian Mission
Amar & Sagar Fund
John & Jasmin Fund
Limitless
New life Gold
People in Need
Turkey and Syria Appeal
Jakes Mission
Erewash Voluntary Action
4,646
650
186
360
250
865
536
6,742
205
16,484
270
(6,344)
596
5,640
855
1,470
630
(15,200)
(250)
388
(500)
(2,025)
(350)
753
1,148
2,637
350
1,530
1,530
998
1,423
5,000
(425)
(5,000)
Total restricted funds
9,023
32,761
(29,844)
1,084
13,024
Total funds
473,572
576,473 (574,843)
475,202
General reserve
General reserves are the free reserves after allowing for all designated funds.
Restricted reserves
The Community Action money funded the project Warm Space.
The Nigerian Mission money funds work in Nigeria.
The Derby Christian Group money funded the Christmas party.
The Amar & Sagar Fund funded missionary work in India.
The John & Jasmin Fund funded missionary work in India.
The Limitless project funded a youth project.
The New life Gold project funded an elderly project.
People in Need funded community support.
The Turkey and Syria Appeal funded relief work.
Jakes Mission was to feed the homeless.
Erewash Voluntary Action money was spent on a dishwasher.
15-

NEW LIFE DERBY
COMPANY LIIMITED BY GUARANTEE
NOTES TO THE FIIYANCIAL STATEMENTS
YEAR F.NDED 31 MARCH 2025
16. Analysis of net assets between funds
Tangible
rixed assets
Other
net assets
Total
Unrestricted funds
Unrestricted Funds
Designated Funds
334,693
127,485
462,178
Restricted Funds
Community Action Derby
Nigerian Mission
Derby Christian Group
Amar & Sagar Fund
Limitless
New Life Gold
Turkey and Syria Appeal
Jakes Mission
5,640
1,470
855
630
753
1,148
1,530
998
5,640
1,470
855
630
753
1,148
1,530
998
Total funds
334,693
140,509
475,202
17. Related party transactions
The charity had no related party transactions that required disclosure.
16-

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
NOTF.S TO THF FIYANCIAL STATFMF.NTS
YEAR ENI)ED 31 IMARCH 2025
18. Statement of Cash Flows
2025
2024
Note
Cash (outflows)/ outflows
from operating activities
Cash generated from
operations
19
11,243
31,525
Investing activities
Interest received
Netra cash provided by
Investing activities
2,394
346
2,394
346
Net (decrease)/increase in cash
and cash equivalents
13,637
31,871
Cash and cash equivalents at
beginning of year
131,180
99,309
Cash at bank and in hand
Net cash and cash
equivalents
144.817
131,180
144,817
131,180
17-

NEW LIFE DERBY
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCFI 2025
19. Cash generated from operations
2025
2024
(Deficit) for the year
Adjustinents for
Iiivestinent income shown in investing activities
Movement in working
capital
(Increase)/decrease in debtors
Increase/(decrease) in
creditors
Fixed Asset Adjustment
Depreciation charge
Purchase of Assets
Disposal of Assets
Cash generated from operations
1,630
18,328
(2,394)
(346)
4,373
(3081)
(3,095)
5,661
10,729
10,963
11,243
31,525
18-